Fawry announces plans to launch digital bank

  • Date: 21-Aug-2023
  • Source: Wamda
  • Sector:Technology
  • Country:Egypt
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Fawry announces plans to launch digital bank

Source: AhramOnline

Fawry, Egypt's leading e-payment solutions provider, announced a plan to turn its online payment portal myFawry into a digital bank in 2023, according to a bourse statement on Sunday.

Fawry said the new digital bank will provide a variety of financial services, including payments, consumer lending, savings and investments.